PALADIN
POINT OF SALE
POINT OF SALE
1-800-PALADIN (725-2346)
We make stores run better.
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The Paladin POS software shows the GMROI on every item in your inventory. The gross margin return on investment is the best way to determine the true performance and ultimately the profitability of an inventory item. In addition, the investment level and gross profit from the previous 52 weeks are displayed on each inventory item. [
Sales figures are incredibly important when viewing an inventory item's statistics. The Paladin POS inventory screen shows the quantity of items sold as well as the total dollar amount of sales and profit the product has generated in the past 52 weeks. [
The Paladin POS inventory management section features a very informative sales graph that is generated dynamically and is based on the weekly sales totals for the previous 52 weeks. An item's historical performance for upcoming weeks is shown on the graph too. The graph displays an item's seasonal performance and gives store owner’s one more tool to help understand seasonal variations in stock levels. This will improve cash flow and consequently, an item's GMROI ranking. [
The inventory management section of the Paladin POS software also displays an item's shrinkage (the amount of the item "disappearing" from your inventory) and the financial loss suffered. Monitoring shrinkage is essential to a store's profitability as it tells store owner’s how much product is being stolen or lost during the last 52 week period. [
Overstock levels can be monitored individually within the inventory section. Being aware of overstocked items enables Paladin POS to calculate the approximate amount of wasted investment dollars caused by keeping too much stock on hand.
Effective forecasting is an essential component of operating a successful retail store. Ordering too much inventory increases the amount of time the product sits on a shelf, thereby reducing your profit and the return on investment (GMROI). Ordering too little inventory means there is a likelihood that you will run out of product and miss sales opportunity. This too has a very negative effect on your store. The Paladin POS software calculates inventory needs by utilizing past sales data and advanced inventory needs forecasting technology to accurately predict future sales allowing you to order efficiently.
